Welcome to our 98512 real estate data hub, tailored for investors in Olympia, WA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 98512 in Olympia, WA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in THURSTON COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Olympia, WA real estate investing. Uncover the wealth of information available, and position yourself for success in the Olympia property market.
-
Location Overview
- Zip Code: 98512
- City: Olympia
- State: WA
- Metro Area: Olympia-Lacey-Tumwater, WA
- County Name: THURSTON COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $512,224
- Average Home Price (Single Family Homes): $515,919
- Average Monthly Rental Price (All Types): $1,801
- Price-to-Rent Ratio: 24
- Zillow Projected % appreciation from 4/2023-4/2024: 1.6%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,460
- Average 3 Bedroom Section 8 Rental Rates: $2,070
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 29.24
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 20.62
- Number of Units Offered in Section 8 in the County: 462
- Number of Occupied Units in Section 8 in the County: 449
- Percentage of Section 8 Units Occupied in the County: 97.19999695%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 404.79
- Total % Appreciation since 2000 (Government Data): 211.89
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.78%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 0.07%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 37.41%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 57.02%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 116.16%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 74.34%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 184.48%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.95%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.66%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%